The blockchain points aggregation platform MiL.k (MLK) has completed its migration to Arbitrum, accelerating the global expansion of Web3.

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5 hours ago

Blockchain Points Aggregation Platform MiL.k (MLK) Completes Migration to Arbitrum, Accelerating Global Web3 Expansion

The blockchain points aggregation platform MiL.k, which has over 1.5 million users, recently announced the full completion of its migration to the Layer 2 network Arbitrum, marking a new phase in the platform's global Web3 ecosystem development. As a pioneer connecting traditional loyalty systems with decentralized infrastructure, MiL.k utilizes a points tokenization model to convert physical points from industries such as aviation, retail, and tourism into the native token Milk Coin (MLK), creating real-time liquidity value for users.

This bridging model from Web2 to Web3 has led MiL.k to establish strategic partnerships with major corporate groups such as Asian Airlines, OK Cashbag (the second-largest points service platform operated by South Korea's SK Group), L.Point (operated by Lotte Group), and South Korea's largest online travel agency NOL. These integrations are not merely brand collaborations—users actively redeem and exchange points through MiL.k's mobile application, which has become a popular lifestyle app in South Korea. Services such as booking flights with AirAsia miles or converting offline retail points into MLK for real-time liquidity are already live, and usage continues to grow. Thanks to MiL.k's ease of use and the rewards users receive from integrating previously siloed points assets, the platform's monthly active user count is steadily increasing.

Significant Migration Results: 80,000+ Wallets Migrated to Arbitrum, Monthly Trading Volume Reaches $450,000

Since officially migrating to Arbitrum, MiL.k has shown strong momentum within the entire Layer 2 ecosystem. Over 80,000 users have successfully transitioned their MLK assets to the Arbitrum network, marking a significant shift in MiL.k's technology and strategic direction. According to DappRadar data as of May 14, MiL.k ranks third among decentralized applications on the Arbitrum chain, achieving this important milestone just five weeks after the migration on April 10.

Blockchain Points Aggregation Platform MiL.k (MLK) Completes Migration to Arbitrum, Accelerating Global Web3 Expansion

In addition to on-chain transactions, MiL.k has launched its first decentralized trading pool on the leading Arbitrum-native DEX Camelot, with trading volume for the MLK-ETH trading pair exceeding $450,000. The project has also partnered with the Web3 platform Galxe, which has over 33 million users, to onboard thousands of new global participants through its post-migration exploration activities.

These developments reflect MiL.k's increasingly important role as a gateway between mainstream consumers and emerging blockchain infrastructure. MiL.k is not solely focused on the native cryptocurrency audience but is leveraging its real-world utility and corporate partnerships to attract a broader audience into the Web3 ecosystem. This approach has led to steady user growth, with MiL.k attracting retail users from South Korean mobile services and a growing international user base participating through incentive and liquidity activities.

"This migration validates the scalability of points assets in the decentralized economy," a MiL.k spokesperson stated. "At this stage, we will focus on advancing the integration of MLK in DeFi, task incentives, and community-driven applications, building a points economy system that deeply aligns with digital lifestyles."

Cross-Border Ecological Layout: Web3 Breakthrough Practices Under a User Base of 1.5 Million

Currently, MiL.k has formed a "dual-driven" development pattern: leveraging local resources in South Korea to continuously connect with leading mobile service users, while also building an international user community through liquidity incentives and global operations. Platform data shows that its user profile is extending from the native cryptocurrency group to a broader consumer demographic.

Industry observers point out that MiL.k's unique "physical points + on-chain assets" model provides a low-threshold solution for traditional enterprises to enter Web3. With the efficiency improvements brought by Arbitrum's technical architecture, the platform is expected to expand more application possibilities in scenarios such as cross-border payments and digital identity verification.

Blockchain Points Aggregation Platform MiL.k (MLK) Completes Migration to Arbitrum, Accelerating Global Web3 Expansion

About MiL.k

MiL.k is a blockchain points aggregation platform in South Korea that enables the interoperability and recognition of points in tourism, retail, and life services through its native token MLK. The project has achieved seamless exchange and integration of reward points among service providers, providing real value and liquidity to users. MiL.k has established partnerships with several leading Asian enterprises and recently completed a strategic migration to the Arbitrum ecosystem, aiming to create an open points economy network for the Web3 era.

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